StockNews.com Upgrades FutureFuel (NYSE:FF) to “Buy”

FutureFuel (NYSE:FF) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

Separately, TheStreet cut FutureFuel from a “b-” rating to a “c+” rating in a research note on Monday, August 21st.

FutureFuel Stock Up 2.1 %

Shares of FF opened at $6.18 on Friday. The company has a market capitalization of $270.46 million, a PE ratio of 9.51 and a beta of 0.88. FutureFuel has a 52-week low of $5.27 and a 52-week high of $10.31. The stock has a fifty day simple moving average of $6.78 and a two-hundred day simple moving average of $7.96.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of FutureFuel by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,566,592 shares of the energy company’s stock valued at $18,941,000 after purchasing an additional 144,995 shares during the period. Renaissance Technologies LLC increased its stake in FutureFuel by 5.4% in the first quarter. Renaissance Technologies LLC now owns 1,500,300 shares of the energy company’s stock valued at $11,072,000 after purchasing an additional 76,700 shares during the last quarter. State Street Corp increased its stake in FutureFuel by 1.9% in the first quarter. State Street Corp now owns 963,264 shares of the energy company’s stock valued at $7,109,000 after purchasing an additional 17,704 shares during the last quarter. AQR Capital Management LLC increased its stake in FutureFuel by 64.3% during the third quarter. AQR Capital Management LLC now owns 741,016 shares of the energy company’s stock worth $5,313,000 after acquiring an additional 289,889 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in FutureFuel by 21.4% during the third quarter. Royal Bank of Canada now owns 700,005 shares of the energy company’s stock worth $5,019,000 after acquiring an additional 123,585 shares during the last quarter. Institutional investors and hedge funds own 48.87% of the company’s stock.

About FutureFuel

FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.